RWC Announces Preliminary Final Report for FY2026
Key points
- Revenue declined by 0.7% to $1,305.6 million
- Net profit after tax fell by 95% to $6.3 million
- Adjusted net profit after tax was $125.1 million, down 15.3%
- Received a non-binding proposal from Brookfield Capital Partners
- No final dividend declared for FY2026
Full summary
Reliance Worldwide Corporation Limited (ASX: RWC) has announced its financial results for the year ended 30 June 2026. The company reported a 0.7% decrease in revenue to $1,305.6 million, and a substantial 95% decline in net profit after tax to $6.3 million. Excluding one-off charges related to manufacturing operations closures, adjusted net profit after tax was $125.1 million, a 15.3% decrease from the prior year. The company also disclosed a non-binding, indicative proposal from Brookfield Capital Partners LLC to acquire the company for A$4.75 per share. No final dividend was declared for FY2026.
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